I think because they have been around a long time...plenty has been said on hotcopper over the last 8 years !
38 million shares is hell of a lot. I dont think all directly owned by MS. He has brothers and others in the same arrangement me thinks. Happy to be corrected. But if he owns only 1.4 M shares I would be very dissappointed ! This has been discussed before. It turned out he had a hell of a lot more than the official declaration.
Doesn't say much for what constitutes an official declaration !
If shares are owned by a company and you are a director of that company, then they need to be declared. I don't know what kind of a holding the 'Levenson Investments pty ltd' is, but you would think he is a director.
Either way plenty of shares can sit anonymously behind the custodians and nominees of large banks.
If I have 4M shares, does this put me in the top 50 at 0.3555 % ? !
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.